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The government s target to achieve 500 GW of renewable energy generation by 2030 is making market participants positive about these firms. "The revenue visibility of the renewable energy sector is quite strong, and the government is also aiming to generate more energy from wind and solar mediums having laid out ambitious targets," said Deepak Jasani, head of retail research at HDFC Securities. ....
Mutual funds lose Rs 342 cr in just two sessions as bears plunder IEX shares moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
IEX shares suffer a shock as Centre pushes for market coupling in power space moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Over the past three trading sessions, the stock of Cummins India has gained about nine per cent on strong January-March quarter (Q4) results and good near-term prospects.
Its Q4 performance was led by a healthy 29 per cent revenue growth over the year ago quarter.
This was largely on the back of a 33 per cent jump in domestic revenues while exports witnessed a growth of 17 per cent. ....